Morning Update: Dueling Economic Agendas
Following a meeting with his economic advisers, Sen. John McCain (R-AZ) touted his economic policy plans in a speech in Cleveland on Monday. “To incentivize investments, I have proposed that if you buy stock and hold it for a minimum of a year, your tax on that investment will be cut in half,” he said. He also promised to “make sure that the SEC enacts and enforces rules that keep our markets safe and competitive.”